Western Australia has recorded its fifth workplace fatality this month after the death of a teenage worker following an incident at a Welshpool industrial workplace this morning.
No new apartment stock has been launched to the Perth market during the third quarter of 2022, as developers wait for unit prices to catch up with rapidly rising construction costs.
Norup + Wilson has appointed Leederville-based PACT Construction to deliver its $110 million apartment project in Applecross, with construction to begin as early as next month.
Edge Visionary Living and Hillam Architects have lodged plans to develop a two-tower development in Scarborough, a few doors down from the Rendezvous Hotel.
A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.
Canning Bridge is shaping up as Perth's newest billion-dollar precinct, with a suite of new projects collectively worth $595 million adding to more than $400 million worth of development under construction or recently completed.
SPECIAL REPORT: Developers are leaving market uncertainty in the past and focusing on design and amenity to guide the next wave of Perth apartment projects.
Construction has started this week on two apartment projects with a collective end value of $126 million, with Norup + Wilson launching its Beach Shack in Scarborough and Baltinas starting to build its Habitat Residences in Applecross.
Western Australia's revamped strata regulations have made it easier for property owners to sell together and realise a higher premium than if they sold individually, particularly in strategic locations.
Boutique developer Norup + Wilson is headed to the State Administrative Tribunal to appeal the rejection of its latest proposal, a $39 million, 16-level apartment building near Canning Bridge.
Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.
BGC Australia is one of the state's largest and most diverse business groups, with revenue last financial year in excess of $2 billion from its building, construction, property, contracting, trucking and manufacturing operations.
A 1.7-hectare site combining 12 land holdings near Canning Bridge in Applecross has come onto the market, representing one of the most significant masterplan development opportunities in Perth.
Construction has started on boutique developer Norup + Wilson's $190 million Mount Pleasant project, The Precinct, following the selection of BGC as the preferred builder earlier this week.
Perth-based developer Norup + Wilson's latest project The Beach Shack, a 99-apartment development in Scarborough, has been given the green light by the Metropolitan Redevelopment Authority.
Developers are seeking to exploit new niches in Perth's residential apartment market, with slow sales and patchy project launches likely to lead to supply issues in the near future.
Perth's largest apartment developer, Finbar Group, has applied to build a $350 million, triple-tower development at Canning Bridge, with the three-stage project to comprise up to 452 apartments.
Quantify Technology Holdings has announced it is likely to win contracts for its internet of things services to be rolled out on three projects, including at the University of Western Australia's Medical and Dental Library.
Developer Stirling Capital and construction partner Jaxon have started work on a 19-level apartment project at Canning Bridge that has set new standards for environmental management.
Apartment developer Finbar Group has unveiled plans to build a three-tower residential complex in Applecross, with the project expected to fetch $350 million.
Diploma Group chief executive Nick Di Latte has strongly denied claims by subcontractors that the ASX-listed company was behind on paying its bills, saying recent activity by the company had placed
Construction on a 22-storey tower near Canning Bridge will start in March next year, after developer Norup + Wilson was given the green light to proceed by planning authorities.
Plans have been lodged for the first major project under the City of Melville's newly adopted guidelines for the Canning Bridge area, with Stirling Capital submitting an application to build a two-tower, 232-apartment development facing Ogilvie and Kishorn roads.
More apartment developments are coming to the Burswood Peninsula, with the Town of Victoria Park formally adopting guidelines to pave the way for the first stage of Belmont Park, while Finbar Group
Developers are meeting the state government's goals for high-density residential projects around major transport routes and infrastructure, new research has revealed.
Developers are still rolling out significant new apartment projects across the metropolitan area, despite statistics showing multi-unit dwelling sales decreasing steadily as more supply comes to market.
Developers are getting on board with the City of Melville's vision for a redeveloped Canning Bridge precinct, ahead of changes to the area's planning scheme expected to be finalised later this year.
